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Macro

Trump says growth won’t cause inflation, backs global low rates

US President Donald Trump, in a post on Truth Social, rejected the notion that economic growth fuels inflation, arguing that stocks fell despite strong jobs data due to lingering inflation fears. He called for the US to sustain the world’s lowest interest rates, claiming each 1% rate hike costs the country $650 billion annually, and advocated for GDP growth of 15-20%.

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